EuroMotif

RVN/BTC retrace watch: Raven Coin topping? re-buy zones

BINANCE:RVNBTC   Ravencoin / Bitcoin
Wow, what a flight by Raven: outperforming most others.
But, all good things must come to an end soner or later.
Now, it looks like it might have topped at a Fib Confluence.

So I am plotting support zones to watch if it retraces.
Picking 'the' top is risky and it may make a higher high yet.
Thus I am not shorting, but have sold most of my bags for now.

We may well be at a support now, but not much safe room to climb.
So unless already holding longs from below, this is not a good buy rn.
If it breaks the high and retests, then maybe a 'fomo' buy to consider.

900 sats seems like a pretty good buy.
840 sats would be the Ideal long entry.
800 sats could be Bulls' Last Stand.

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